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In the north-east, the most affordable region in England and Wales, the proportion of income spent on property has almost doubled in 20 years, increasing from 3.4 times the median income of the region in 1995 to 6.1 times the median income in 2012.
The NAHB's Housing Opportunity Index reports that only 14% of homes in the New York-White Plains-Wayne area are affordable on the area's median income by far the least affordable region measured by NAHB.
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Even in more affordable regions, prices have risen dramatically.
The 16 most affordable regions are in England - the North West, Yorkshire and The Humber, the West Midlands - and Wales.
The gap between income and house prices has sky-rocketed so much in the last 20 years that even in the most affordable regions of England and Wales buyers are forced to spend six times their income, a new data analysis reveals.
Karp says the expensive lifestyle and high taxes may force the long-term unemployed to move on to more affordable regions.
Many of San Diego's home buyers tend to buy homes within the more affordable neighborhoods, while others are leaving the state altogether and moving to more affordable regions of the country.
Check out wines from affordable regions of the world.
If you have a penchant for French, Italian, or fine Napa Valley wines, you could consider broadening your tastes to include more affordable regions.
When it comes to the tablet market in China, Gartner expects shipments of media tablets to match shipments of mobile PCs (such as laptops) by 2016 — noting that media tablets are becoming much more affordable in the region.
It is not clear that prices have declined enough to make houses broadly affordable in some regions.
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